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$WCT US Treasury Secretary: Trump is broadly seeking candidates for the Federal Reserve Board, including former Chair Yellen
On Tuesday local time, US Treasury Secretary Becerra stated in an interview with Fox Business that he is optimistic that the Senate will confirm current Chairman of the Council of Economic Advisers, Stephen Moore, for the temporary vacancy on the Federal Reserve Board before the Fed's September meeting. Becerra revealed that President Trump is broadly searching for candidates to fill the permanent vacancy on the Federal Reserve Board that will arise in January next year, and he has a very open attitude. He disclosed that the President has even considered nominating former Federal Reserve Chair Janet Yellen. "This is not an ideological issue, but rather an economic one—what is in the best interest of the American people, what is most beneficial for economic development," Becerra emphasized.
On Tuesday local time, US Treasury Secretary Becerra stated in an interview with Fox Business that he is optimistic that the Senate will confirm current Chairman of the Council of Economic Advisers, Stephen Moore, for the temporary vacancy on the Federal Reserve Board before the Fed's September meeting. Becerra revealed that President Trump is broadly searching for candidates to fill the permanent vacancy on the Federal Reserve Board that will arise in January next year, and he has a very open attitude. He disclosed that the President has even considered nominating former Federal Reserve Chair Janet Yellen. "This is not an ideological issue, but rather an economic one—what is in the best interest of the American people, what is most beneficial for economic development," Becerra emphasized.
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